Lawyer's Creed

Mind your manners. Tell the truth. Know the law.

Wednesday, June 10, 2015

Saura Import vs. DBP, G.R. No. L-24968, April 27, 1972

SAURA IMPORT and EXPERT CO., INC., vs DBP  [G.R. No. L-24968, April 27, 1972] MAKALINTAL, J. FACTS: In July 1952, Saura, Inc., applied to Rehabilitation Finance Corp., now DBP, for an industrial loan of P500,000 to be used for the construction of a factory building, to pay the balance of the jute mill machinery and equipment and as additional working capital.  In Resolution No.145, the loan application was approved to be secured first by mortgage on the factory buildings, the land site, and machinery and equipment to be installed. The...

Teves vs. COMELEC, G.R. No. 180363, April 28, 2009

G.R. No. 180363, April 28, 2009 EDGAR Y. TEVES, Petitioner, vs. THE COMMISSION ON ELECTIONS and HERMINIO G. TEVES Facts: ·         Petitioner was a candidate for the position of Representative of the 3rd legislative district of Negros Oriental during the May 14, 2007 elections. ·         Respondent Herminio G. Teves filed a petition to disqualify petitioner on the ground that in Teves v. Sandiganbayan,3 he was convicted of violating Section 3(h), Republic...